A rightward shift of the investment demand curve will
A. decrease the real rate of interest.
B. shift the investment schedule downward.
C. decrease the quantity of investment.
D. shift the investment schedule upward.
Answer: D
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Congress passed the Freedom to Farm Act in 1996. What was the purpose of this Act?
A) to phase out price floors and return to a free market in agriculture B) to grant free land to farmers in order to produce crops that were particularly scarce C) to phase out the use of price ceilings in agricultural markets D) to encourage more people to become farmers
If a tax shifts the demand curve downward (or to the left), we can infer that the tax was levied on
a. buyers of the good. b. sellers of the good. c. both buyers and sellers of the good. d. We cannot infer anything because the shift described is not consistent with a tax.